Companies Launch Next-Generation Storage System

Dec 9, 2015 T&D World Magazine

Vionx Energy has announced an ecosystem of companies to launch and commercialize a storage technology poised to transform how modern grids are managed and optimized. The unique relationship brings together six global companies— United Technologies Corp. (UTC), Starwood Energy Group, Siemens, 3M, Vantage Point Capital Partners and Jabil—to license, finance, manufacture and deploy the energy storage system.

The company’s technology, a vanadium flow storage system, was developed and engineered by researchers at UTC and is designed to make a long-duration, long-life grid-scale battery practical, resilient and cost efficient.

Vionx will market, sell and service the technology, which is targeted to utility scale applications in transmission and distribution, microgrid and island markets. Vionx’s storage design boasts an in-situ process that maintains full storage capacity over a 20-year period – unlike other grid storage solutions such as lithium ion or lead acid. The result is a safe, long-running, affordable and flexible grid storage solution that provides utilities with added infrastructure resiliency and defers aging asset replacement costs.

“Vionx’s energy storage system represents a significant advance in flow battery technology, and 3M is pleased to have the opportunity to draw upon our broad fuel cell, membrane and electrode assembly expertise to enable lower cost and longer life electrode assemblies for flow batteries. We view this technology as a key enabler for improved grid resiliency and the continued deployment of sustainable, renewable generation,” said Jeffrey Hohn, 3M’s Vice President of Renewable Energy.

VanadiumCorp Resource Inc. and Electrochem Technologies & Materials Inc. are pleased to announce the filing of the national entry phases in South Africa, India and the United States of the international patent application.

VanadiumCorp and its Board of Directors are pleased to announce the following corporate updates: Management’s recommendations approved by shareholders at the AGM / The Company welcomes Mr. Sokhie Puar to the board of VanadiumCorp / Stock Option Update

VanadiumCorp and Electrochem have signed a Patent Option Agreement for Ultra to purchase an exclusive license. Ultra plans to utilize the Australian license of "VEPT" to expedite construction of the world’s first dedicated vanadium processing facility.

VanadiumCorp and Electrochem are pleased to announce that The World Intellectual Property Organization has officially published the Patent Cooperation Treaty of the International Patent Application WO 2018/152628 (A1) on August 30th, 2018.

VanadiumCorp is pleased to announce that Francois Cardarelli, President of Electrochem Technologies & Materials Inc. will be presenting at the Canadian Institute of Mining conference held in Chibougamau on May 2, 2018.

Following the release of an energy storagetechnoeconomic study, ‘The South AfricaEnergy Storage Technology and Market Assessment’, advocating that South Africa requires market preparation to take advantage…

Combining solar panels with batteries to keep electricity flowing when the sun isn't shining has long been the target for companies dabbling in the emerging technologies of the power grid.

This year is seeing more development in that space than ever before, thanks to falling battery and solar prices, the marketing prowess of super-entrepreneur Elon Musk, and national and international clean-energy and climate-change policies.

The clean-energy boom is about to be transformed. In a surprise move, U.S. lawmakers agreed to extend tax credits for solar and wind for another five years. This will give an unprecedented boost to the industry and change the course of deployment in the U.S.

The extension will add an extra 20 gigawatts of solar power—more than every panel ever installed in the U.S. prior to 2015, according to Bloomberg New Energy Finance (BNEF). The U.S. was already one of the world's biggest clean-energy investors. This deal is like adding another America of solar power into the mix.

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VanadiumCorp is a mining and technology company with a vision to become the primary producer of vanadium and specialty metals. The Company growth strategy is focused on development of industry leading resources and process technology located in Canada.